Massachusetts residents wagered 19.3% more on sports compared to October 2024. October brought $892.2 million in total sports betting handle to Massachusetts. Several US states, including the Bay State, achieved record betting figures last month. The new record surpasses September’s $800.3 million mark by 11.5%. Players bet $748.1 million during October 2024 based on Massachusetts Gaming Commission […]
The government says KNU-linked projects enabled foreign-run casinos and online scam hubs. Myanmar released a statement describing illegal gambling and online fraud operations in Myawady Township. The government claims KNU leaders directly leased state land to foreign actors and protected casino operators. The Ministry of Information reports these activities grew after armed groups exploited weak security conditions […]
Brazil Betting Tax Income Falls 9.4% in October
November 28, 2025Brazil’s regulated betting market produced almost BRL8 billion after launching on 1 January. Tax revenue from Brazil’s regulated betting market totalled BRL1.09 billion ($202.7 million) in October. September’s total exceeded this figure. The Federal Revenue Service released monthly tax data on Monday. The BRL1.09 billion marked a 9.4% decline from September’s BRL1.21 billion. Total market […]
Remote Gaming Duty Will Reach 40% Based on the Leaked OBR Document
November 28, 2025The Office for Budget Responsibility published a statement too early. This document shows Chancellor Rachel Reeves’ plans to increase remote gaming duty to 40%. The new rate starts in April 2026. Stock prices for gambling companies fell before the UK’s 2026 Budget announcement. Tax reforms turned out worse than traders predicted. The OBR wrote this information […]
Lottery Operator in UAE Creates Online Gambling Brands
November 28, 2025The UAE Lottery company built TrueWin and Dream Island. AGBI checked the records about these platforms. Each website has casino games and sports betting. Live dealer games, poker, roulette and slots exist on the casino side. Football, tennis, cricket and basketball bets happen on the sportsbook. More sports are available. These sites belong to Momentum. […]
Australia’s Victoria Applies Gambling Fines Near the Christmas Season
November 28, 2025The gambling regulator in Victoria urged venue operators to verify trading hour compliance. Clubs and hotels risk receiving fines or censure for regulatory breaches. Victorian Gambling and Casino Control Commission (VGCCC) CEO Suzy Neilan leads enforcement efforts. Early compliance becomes essential during extremely busy festive trading periods. The VGCCC implemented disciplinary measures against venues throughout […]
Q3 2025: Sports Betting Margins Reduce Allwyn Profits
November 28, 2025Allwyn International achieved higher revenue, but earnings dropped during the third quarter of 2025. Lottery and digital segments grew while sports betting margins weakened and corporate costs increased. Net revenue for the group climbed 5% year-on-year, reaching €1.02bn. Gross gaming revenue increased 5% to €2.12bn during the same period. Adjusted EBITDA decreased 8% to €374m, which […]
U.S. prediction market platform Kalshi reportedly achieved an $11 billion valuation after completing a $1 billion funding round. TechCrunch first reported this information through a source familiar with the transaction. This valuation increase represents the prediction market sector’s fastest growth this year. Weeks earlier, the company secured $300 million at a $5 billion valuation in […]
Major UK Prize Draw Operators Commit to the Government Code of Conduct
November 26, 2025Twenty UK prize draw companies signed a government voluntary code. The code aims to improve transparency and player protections. DCMS created the code. New rules include a £250 monthly cap on credit card entries for prize draws. Credit card entries face a complete ban for instant-win competitions. Prize draws let players enter free or paid competitions. Winners […]
Speedz Includes Nolimit City Games in its Online Casino
November 26, 2025Different gameplay styles and demo modes come with new titles. Ganadu Gaming revealed that the Speedz online casino brand now features multiple Nolimit City titles. Games like Fire in the Hole mining series became available to players. The Punk franchise brings Punk Toilet and other games. Serial and Mental joined the collection, too. Walk of Shame and Tomb […]
Companies
Prediction Markets